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Supreme Court Ruling on "Price Fixing"

Posted by Tina Peters on 06/28/07 15:43

This is somewhat related to a thread awhile back, regarding resellers being
forced to sell at a set price:

"The Court abandoned a 96-year-old ban on manufacturers and retailers
setting price floors for products.

In a 5-4 decision, the court said that agreements on minimum prices are
legal if they promote competition.

The ruling means that accusations of minimum pricing pacts will be evaluated
case by case.

The Supreme Court declared in 1911 that minimum pricing agreements violate
federal antitrust law."


--
Tina Peters
http://www.axishost.com
Serving the web since 1997

 

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